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Maroc Maroc - WN.COM - Business - 08/Oct 04:30

Reserve Bank delivers ‘shock treatment’ with 50 basis point cut

The Reserve Bank has cut the Official Cash Rate by 50 basis points to 2.5%. The bank delivered its latest Monetary Policy Review at 2pm today. The Monetary Policy Committee reached a consensus to reduce the Official Cash Rate (OCR) by 50 basis points (bps). The committee said it remained open to further reductions in the OCR as required for inflation to settle sustainably near the 2% target mid-point in the medium term. “It’s taking a lot of work to get this economy turning around and today’s decision will hopefully be the shock treatment required to get everyone back into gear,” said Kelvin Davidson, economist for property sector analyst Cotality. ASB chief economist Nick Tuffley said the...

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Will home loan rates drop below 4 percent?

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Five things to watch for in the Canadian business world in the coming week

financialpost.com - 26/Oct 14:01

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada The Bank of Canada is expected to make an...

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Turkish central bank cuts key rate to 39.5%, flags inflation risk

wn.com - 23/Oct 14:11

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MPC minutes: Policy space exists for rate cut, but this is not the opportune time; says RBI Governor

times of india - 15/Oct 13:02

Reserve Bank of India Governor Sanjay Malhotra indicated that a policy space exists for a future interest rate cut, but stressed the need for the...

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MPC minutes: Policy space exists for rate cut, but this is not the opportune time; says RBI Governor

times of india - 15/Oct 13:02

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Federal Reserve to cut key rate Wednesday, may signal another cut to follow

wn.com - 11:02

The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central...

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Federal Reserve to cut key rate Wednesday, may signal another cut to follow

wn.com - 11:02

The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central...

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Russian central bank lowers key interest rate to 16.5 pct

wn.com - 24/Oct 14:04

MOSCOW, Oct. 24 (Xinhua) -- The Russian Central Bank cut its key interest rate by 0.5 percentage point to 16.5 percent annually on Friday. "The...

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Reserve Bank interest rates: Bullock plays down jobless jump as November cut goes down to the wire

thewest.com.au - 09:39

A recent rise in Australia’s jobless rate may have surprised the Reserve Bank but Michele Bullock has played down the urgency for further interest...

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